Published 07-03-24
Submitted by National Grid
BROOKLYN /CSRwire/ - National Grid’s New York President Rudy Wynter has been appointed to the inaugural board of directors for the Foundation for Energy Security and Innovation (FESI), the U.S. Department of Energy (DOE)’s first ever agency-related foundation.
“I am honored to have been appointed to serve as an inaugural board member of FESI and thrilled that the DOE’s first ever agency-related Foundation will focus on a topic I care deeply about – developing transformative technological solutions to the greatest challenges of our time,” said Wynter. “A key pillar of National Grid’s mission is accelerating New York’s clean energy transition through innovation, research, and investments in groundbreaking technologies. I’m proud to play a role in this important work and look forward to working with partners in New York and across the country to support new innovations that will enable us to achieve our clean energy goals.”
“FESI offers an unparalleled opportunity for support and advancement in our nation’s rapid and equitable transition to a clean energy economy,” said U.S. Secretary of Energy Jennifer M. Granholm. “The FESI Board of Directors will help meet the Department’s goals, and bring alive the biggest, boldest solutions to the challenges of our time.”
Authorized through the 2022 CHIPS and Science Act, FESI is an independent non-profit entity that supports DOE in its critical mission to ensure America's continued security and prosperity through transformative science and technology solutions for addressing energy and environmental challenges.
Once established, FESI will help accelerate the commercialization of new and existing energy technologies by raising and investing funds through engagements with the private sector and philanthropic communities. The Foundation will help DOE provide additional resources, tools, and capacities for potential partners and communities across the country – supporting solutions-driven research and innovation that strengthens America’s energy and national security while helping achieve the Biden-Harris Administration's ambitious clean energy goals.
Since 1959, twelve agency-related independent 501(c)(3) nonprofit organizations have been created, which have averaged a return of $67 for every dollar in federal contributions.
As directed in the 2022 CHIPS and Science Act, DOE identified individuals to serve on FESI’s governing board. Board members will have the opportunity to set priorities for FESI, make key hires including the executive director, establish bylaws and governance structure, as well as actively fundraise for FESI activities and initiatives – including fostering public-private partnerships, investing in companies commercializing critical energy technologies, supporting underrepresented groups and regions responding to DOE funding opportunities, and tackling a wide variety of systemic and distributed federal, state, and local deployment challenges.
The board members represent some of the nation’s top leaders in energy and related sectors. In addition to Wynter, the inaugural board includes:
In addition to the appointed individuals, the authorizing statute language names four (4) Ex-Officio nonvoting board members from designated DOE Leadership positions:
The Office of Technology Transition (OTT) within DOE will serve as a formal liaison to FESI as the Foundation works to advance the goals of the Department and support technology commercialization.
Learn more about FESI and how it will complement DOE’s efforts to combat the climate crisis and enhance the nation’s energy security.
About National Grid
National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a smarter, stronger, cleaner energy future — transforming our networks with more reliable and resilient energy solutions to meet state climate goals and reduce greenhouse gas emissions.
For more information, please visit our website, follow us on X (formerly Twitter), watch us on YouTube, like us on Facebook and find us on Instagram.
Media Contacts
Karen Young
Downstate New York
(929) 324-4809
National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.
For more information, please visit our website, follow us on Twitter, watch us on YouTube, like us on Facebook and find our photos on Instagram.
More from National Grid